India’s domestic air passenger traffic grew about 3% year-on-year during May. It reversed a 4.5% fall the sector witnessed in April as a result of the grounding of cash-strapped Jet Airways Ltd., India that led to severe capacity crunch in the sector.
According to data from Directorate General of Civil Aviation (DGCA) said that the domestic carriers carried a total of 1.22 crore passengers in May compared with 1.19 crore passengers carried by various airlines during the corresponding period a year ago.
During May, InterGlobe Aviation Ltd-promoted IndiGo airline clocked in a 49% market share. It carried 59.80 lakh, domestic passengers. In April, the airline had 49.9% market share, its highest ever since inception as a scheduled carrier in 2006, as it flew a record 54.81 lakh passengers during the month.
Spice Jet and Air India:
During May, SpiceJet displaced Air India as the second largest domestic carrier. SpiceJet, which carried 18.03 lakh passengers, accounted for 14.8% of domestic market share, while Air India carried 16.53 lakh passengers, with a 13.5% of domestic market share.